ChinaFIG - General China Glossary of Terms

ChinaFig can answer your questions on terminology and on China business, China incorporations, China investment, China merger acquisition service along with advice from in-house China accountants.

ChinaFIG consultants have provided a number of basic terms related to investment in China.

• A Shares – domestically traded shares of public Chinese companies.

• AOA – Articles of Association

• B Shares – Chinese companies which are listed overseas, but traded domestically as well.

• Chop – a stamp which holds certain legal authority such as the right to enter into contracts or approve checks.

• CJV - Cooperative Joint Venture 

• EJV - Equity Joint Venture

• FIE –Foreign Invested Enterprise

• H-Shares - Shares of Chinese companies having public offerings overseas and listings on the Hong Kong securities exchange.

• People’s High Court – The Provincial level Court directly below the People’s Supreme Court.

• JV - Joint Venture

• MOFCOM - Ministry of Commerce

• PRD - Pearl River Delta is the region just north of Hong Kong, in Guangdong Province.

• PRC – Peoples Republic of China

• Red Chip – a Hong Kong listed company with significant interest in China

• RO – Representative Office

• SAIC – State Administration of Industry and Commerce

• SAT – State Administration of Taxation oversees both personal and corporate taxation.

• People’s Supreme Court – The highest level Court in China.

• WOFE – Wholly Foreign Owned Enterprise

• YRD - Yangtze River Delta is Shanghai and the surrounding region including southern Jiangsu province and northern Zhejiang province.